GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Express Inc (OTCPK:EXPRQ) » Definitions » Change In Receivables

EXPRQ (Express) Change In Receivables : $-11 Mil (TTM As of Jan. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Express Change In Receivables?

Express's change in receivables for the quarter that ended in Jan. 2024 was $1 Mil. It means Express's Accounts Receivable declined by $1 Mil from Oct. 2023 to Jan. 2024 .

Express's change in receivables for the fiscal year that ended in Jan. 2024 was $-11 Mil. It means Express's Accounts Receivable increased by $11 Mil from Jan. 2023 to Jan. 2024 .

Express's Accounts Receivable for the quarter that ended in Jan. 2024 was $32 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Express's Days Sales Outstanding for the three months ended in Jan. 2024 was 4.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Express's liquidation value for the three months ended in Jan. 2024 was $-951 Mil.


Express Change In Receivables Historical Data

The historical data trend for Express's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Express Change In Receivables Chart

Express Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.05 -112.07 60.49 -0.71 -10.88

Express Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.37 -4.41 -0.26 -6.80 0.58

Express Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Express  (OTCPK:EXPRQ) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Express's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=31.648/581.693*91
=4.96

2. In Ben Graham's calculation of liquidation value, Express's accounts receivable are only considered to be worth 75% of book value:

Express's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=36.176-1195.973+0.75 * 31.648+0.5 * 369.897
=-951

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Express Change In Receivables Related Terms

Thank you for viewing the detailed overview of Express's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Express Business Description

Traded in Other Exchanges
N/A
Address
1 Express Drive, Columbus, OH, USA, 43230
Express Inc is a multi-brand fashion retailer. The company operates an omnichannel platform, including both physical and online stores. The company's two brand-based operating segments are Express, which includes UpWest, and Bonobos. Express segment is grounded in a belief that style, quality, and value should all be found in one place. UpWest is an apparel, accessories, and home goods brand with a purpose to provide comfort for people and planet. Bonobos is a menswear brand known for its exceptional fit and retail model.
Executives
Stewart Glendinning director, officer: Chief Executive Officer 1 EXPRESS DRIVE, COLUMBUS OH 43230
Yehuda Shmidman director C/O ICONIX BRAND GROUP, INC., 1450 BROADWAY, 4TH FLOOR, NEW YORK NY 10018
Satish Mehta director C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Jason N Judd officer: SVP, CFO and Treasurer 50 N THIRD ST, NEWARK OH 43055
Patricia E Lopez director 333 LUDLOW ST, STAMFORD CT 06902
Antonio Lucio director C/O EXPRESS INC., 1 EXPRESS DRIVE, COLUMBUS OH 43230
Laurel Krueger officer: Chief Legal Officer & Corp Sec ONE EXPRESS DRIVE, COLUMBUS OH 43230
Periclis Pericleous officer: SVP, CFO and Treasurer 1 EXPRESS DR., COLUMBUS OH 43230
Matthew C Moellering officer: EVP, CAO,CFO, Treasurer & Sec. C/O EXPRESS PARENT LLC, ONE LIMITED PARKWAY, COLUMBUS OH 43230
Malissa Akay officer: EVP, Chief Merch. Officer 1 EXPRESS DR., COLUMBUS OH 43230
Sara Tervo officer: EVP, Chief Marketing Officer 1 EXPRESS DR., COLUMBUS OH 43230
Timothy G Baxter director, officer: Chief Executive Officer C/O EXPRESS, INC., 1 EXPRESS DR., COLUMBUS OH 43230
Contrarius Investment Management Ltd 10 percent owner 2 BOND STREET, ST. HELIER Y9 JE2 3NP
Contrarius Investment Management (bermuda) Ltd 10 percent owner VICTORIA PLACE, 5TH FLOOR, 31 VICTORIA STREET, HAMILTON D0 HM 10
James A Hilt officer: EVP, CMO, and ECommerce 1 EXPRESS DRIVE, COLUMBUS OH 43230

Express Headlines

From GuruFocus

Q2 2022 Express Inc Earnings Call Transcript

By GuruFocus Research 02-10-2024

Express Inc Virtual Investor Day Transcript

By GuruFocus Research 02-10-2024

Q4 2019 Express Inc Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q4 2020 Express Inc Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q1 2019 Express Inc Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q4 2018 Express Inc Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q1 2023 Express Inc Earnings Call Transcript

By GuruFocus Research 02-10-2024